< The 2015 Trading Technology 40: Going with the Flow
27
Tyler Moeller
and Joshua Walsky
Chief Executive Officer
and Chief Technology Officer
Broadway Technology
Last year: 19
It may seem topsy-turvy when venerable financial institutions are turning to software entrepreneurs to cut through regulatory and market structure thickets. But that is how 11-year-old Broadway Technology, with Goldman Sachs Group as a lead customer and investor, has made its mark. Co-founders Tyler Moeller and Joshua Walsky combined computer science backgrounds — they have master’s degrees from Massachusetts Institute of Technology and Cornell University, respectively — with programming work at a dot-com flameout (CarOrder.com) and a proprietary trading venture (KATS) to create a high-performance platform initially for fixed-income markets. The technology, known as TOC, had multi-asset-class flexibility built in and has migrated along with its customers into foreign exchange and swaps. Broadway is thriving as volatility returns and firms of all sizes have pent-up demand for systems to support their evolving agency or prop trading styles; CEO Moeller, 39, expects to add 30 to the New York-based company’s head count of 80 in 2015. The biggest companies that historically built in-house systems are taking a “build and buy” approach, he explains. They retain lean, highly expert development teams and off-load software maintenance and other tasks that Broadway can handle more economically. “We were a big-data company before people used that term,” notes CTO Walsky, 38. With that foundation, to meet surveillance and compliance needs, Broadway brought “a real-time, reactive monitoring system from concept to deployment in 2014.”
The 2015 Trading Technology 40
1
| 2
| 3
| 4
| 5
|
| Kevin Kometer CME Group | Richard Prager BlackRock | Raymond Tierney III Bloomberg Tradebook | Jonathan Ross KCG Holdings | Charles Vice Intercontinental Exchange |
6
| 7
Zef Nikolla
| 8
| 9
| 10
|
| Chris Isaacson BATS Global Markets | Bradley Peterson Nasdaq OMX Group | Brad Levy MarkitSERV | Dan Keegan Citi | Ronald DePoalo Fidelity Institutional |
11
Mark McQueen
| 12
| 13 
| 14
| 15
Margaret Fox
|
| Gerard Beatty Goldman Sachs Group | Gerald O'Connell CBOE Holdings | Brenda Hoffman TMX Group | Billy Hult Tradeweb Markets | Nicholas Themelis MarketAxess Holdings |
16
| 17
| 18
Martin H. Simon
| 19
Todd Plitt
| 20
A.E. Fletcher Photography
|
| Bina Kalola Bank of America Merrill Lynch | Gil Mandelzis EBS-BrokerTec (ICAP) | Steven Randich Financial Industry Regulatory Authority | Jerry Dobner GFI Group | Michael Liberman BlueMountain Capital Management |
21
| 22
Photographer:http://www.digitalh
| 23
| 24
Dennis Degnan
| 25
Paul Elledge
|
| Bill Chow and Richard Leung Hong Kong Exchanges and Clearing | Jamie Selway Investment Technology Group | Brad Katsuyama IEX Group | John Mackay (Mack) Gill MillenniumIT | Jamil Nazarali Citadel Execution Services |
26
| 27
| 28
Picasa
| 29
Andrew Harrer
| 30
Takashi KATO
|
| Robert Cornish International Securities Exchange | Tyler Moeller andJoshua Walksy Broadway Technology | Rishi Nangalia REDI Holdings | Manoj Narang Tradeworx, Thesys Technologies | Oki Matsumoto Monex Group |
31
| 32
unknown
| 33
Douglas Kurn
| 34
Luludi/LUZ
| 35
William Neumann Photography
|
| Alasdair Haynes Aquis Exchange | Veronica Augustsson Cinnober Financial Technology | Stu Taylor Algomi | Luís Otávio Saliba Furtado BM&FBovespa | Tal Cohen Chi-X Global Holdings |
36
| 37
| 38
| 39
| 40
|
| Donal Byrne Corvil | R. Cromwell Coulson OTC Markets Group | Alfred Eskandar Portware | Richard Korhammer SR Labs | Hazem Dawani OptionsCity Software |
